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Senate Small Biz
Updates from staff of U.S. Senate Committee on & Ranking Member
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Senate Small Biz Sep 13
. on 's grants to help MD reach foreign markets: "With this investment, MD will have the resources necessary to help develop the relationships and expertise they need to export their products and services."
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Senate Small Biz Jul 17
.: "This report confirms that in its haste to overhaul its acquisition system, the Army neglected to study the impact Army Futures Command would have on the many that conduct vital research and develop technology for the military."
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Senate Small Biz Jul 1
.: For too many , a major natural disaster marks the end of a dream, but for Jason and All Time, surviving two historic floods has opened up a new chapter defined by resilience and persistence. More about :
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Senate Small Biz retweeted
Senate Small Biz Jun 27
TODAY: Ranking Member names All Time Toys of as the Senate Small Business of the Week. After enduring two devastating floods, this , with the help of , rebuilt their business.
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Senate Small Biz Jun 27
.: "For too many , a major natural disaster marks the end of a dream but for Jason & , surviving 2 historic floods has opened up a new chapter defined by resilience & persistence." Read more about All Time owner Jason Barnes:
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Senate Small Biz Jun 27
NEW: names Senate Small Business of the Week.
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Senate Small Biz Jun 26
Replying to @SenatorCardin
.: "Our focus today must be on how we can take from a good program to a great, more inclusive program that reaches underserved communities frozen out of the traditional venture capital markets."
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Senate Small Biz Jun 26
Replying to @SenatorCardin
.: " does a better job of reaching underserved entrepreneurs, but there is clearly still much room for improvement." Only 4% of SBIC $$ goes to minorities and less than 4% goes to women.
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Senate Small Biz Jun 26
Replying to @SenatorCardin
.: " is vital because traditional venture capital is overwhelmingly concentrated in urban centers in New York, Massachusetts and California—with less than 1 percent of all venture capital going to businesses in rural communities."
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Senate Small Biz Jun 26
Replying to @SBAgov @SenatorCardin
.: "Last year alone, facilitated more than $5.5 billion in investments to more than 1,100 high-growth companies across the country at zero cost to American taxpayers."
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Senate Small Biz Jun 26
Replying to @SBAgov @SenatorCardin
.: "Congress created the Small Business Investment Company to provide financing to small businesses that have high growth potential, but need long-term growth capital to scale."
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Senate Small Biz Jun 26
Replying to @SBAgov @SenatorCardin
.: "We all know that the most important building block needed to start and grow a business is capital."
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Senate Small Biz Jun 26
STARTING NOW: Hearing on 's Small Business Investment Company program, which provides long-term funding to with high growth potential, but need capital to scale. WATCH:
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Senate Small Biz retweeted
House Committee on Small Business Jun 12
At this morning’s hearing on student debt in the medical field, Chairwoman spoke on the detrimental effect this national crisis is having on small private practices and healthcare, especially in rural & underserved communities.
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Senate Small Biz Jun 12
Replying to @SenatorCardin @BGOV
.: "This trend is a cause of great concern in my home state of Maryland, where the federal government spent $33 billion in federal contracting dollars in Fiscal Year 2018, including $11 billion to small businesses."
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Senate Small Biz Jun 12
Replying to @SenatorCardin @BGOV
. on report showing that the # of businesses working on gov't contracts is at a 10-year low: "This means that while contracts are getting bigger & bigger, we are creating an insular club where fewer & fewer businesses successfully compete for gov't contracts"
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Senate Small Biz Jun 12
Replying to @SBAgov @SenatorCardin
.: The Small Business Act sets a goal for the federal gov't to spend 23% of all contracting dollars with . While I'm pleased that we are meeting this goal, I have seen troubling data showing that we are shrinking our contractor base instead of expanding it.
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Senate Small Biz Jun 12
Replying to @SBAgov @SenatorCardin
.: 2nd, Congress passed the Small Business Act to ensure the, “preservation and expansion” of opportunity for small businesses because doing so is, “basic not only to the economic well-being but to the security of this Nation.”
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Senate Small Biz Jun 12
Replying to @SBAgov @SenatorCardin
.: The motivation behind my commitment to ensuring a fair federal contracting process is 2-fold: 1st: the federal gov't is the largest consumer of goods and services on the planet and federal contracting is a vital part of the economy in my home state of Maryland.
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Senate Small Biz Jun 12
STARTING NOW: Hearing on 's contracting programs, which help successfully compete for government contracts. WATCH:
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